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Friends Provident reiterates strong capital

10th Oct 2008 15:51

RNS Number : 6178F
Friends Provident PLC
10 October 2008
 



Friends Provident reiterates its strong capital position

In the light of the prevailing economic uncertainty, Friends Provident plc reconfirms its strong capital position by announcing that its Insurance Groups Directive (IGD) surplus at 30 September has not materially changed from the approximately £1bn reported at 30 June 2008.

A fall of 30% in equity prices from current levels would have no material impact on this surplus. 

Ends

Enquiries: Friends Provident, +44 (0)845 641 7834, Peter Timberlake

This information is provided by RNS
The company news service from the London Stock Exchange
 
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